Can you pls specify what do you mean by 'financial crisis' that India is going through?

Yes, inflation is high and Re is down. Is that is all?

Somehow I think that removing subsidies from oil (petrol/diesel) and gas(LPG/PNG/CNG) etc may not be such a bad move. These steps are causing superficial tension but in the back (long term), they will help is reducing the WIDE gap between the rich and poor of this country.

what does RBI governor do anyway? other than signing on currency notes? WTF can he do that the previous governor couldn't do? Does he have special knowledge nobody else has or is he bold enough to take measures that our weakling PM will have to approve and assent?

Why does a bank have a governor? shouldn't he be Chairman of the bank?